Capital markets

A former housing regulator confirmed that he anticipates a release from conservatorship would occur if Trump's elected, adding to other signs a plan is brewing.

A combination of buy and sell-side issues led Mr. Cooper to slow down its mortgage servicing rights activity but executives may have a different view next year.

The government agency's new issuances in August totaled over $40 billion, marking a high not seen since late 2022.

While the shelter-related increase won't deter the Fed from cutting interest rates, it reduces the chance of an outsize reduction.

Homebuilders that get more than a 10th of their revenue from the U.S. have surged, but concerns over an economic slowdown have cast a shadow on stocks recently.

Issuance of CMBS has been torrid recently, with overall sales this year through Monday of $69.7 billion.

Federal Reserve Vice Chair Michael Barr's planned revision of the capital proposal addresses a key concern the housing finance industry has.

The new round of growth capital, led by investor 8VC, will go toward advancing the San Francisco company's AI capabilities.

The successor to Michael Hutchins, who filled the role on an interim basis, guided a well-known bank's real estate business through the financial crisis.

The bank has brought in mortgage industry veteran Ken Logan as senior managing director to oversee a broader range of financing it's offering to home lenders.

Other estimates suggest nonbank mortgage employment grew in July as the industry cautiously added staff to handle incremental growth in demand for loans.

Ginnie Mae had tried to slow the pace of Texas Capital Bank's case and move it to a different court but the judge rejected its legal arguments for doing so.

The Department of Housing and Urban Development affiliate is adding data elements in line with a larger industry goal and advancing other promised initiatives.

Doug Duncan joined Fannie Mae in 2008 after holding the chief economist position at the Mortgage Bankers Association for almost 16 years.

The latest proposal for the two government-sponsored enterprises' affordable housing targets scales down some benchmarks for a tough market, but also raises one.

Trade groups welcome a proposed reverse-mortgage option for buyouts and are working with Ginnie Mae to hammer out the final operational details.

The revisions also revise how the surplus is calculated to evaluate risk of the bonds used as part of the available asset portion of the capital requirements.

The banking giant's sale of the non-agency, third-party portion of its commercial servicing business will boost the buyer's position in the securitized market.

Investor demand for loans made outside the qualified mortgage definition can shift over time. It's recently been going through a period of particular strength.

In a brave new world, Fannie and Freddie would be functionally like Pennymac and Mr. Cooper, but would have a credit line from the Treasury and FHFA regulation, writes the Chairman of Whalen Global Advisors writes.